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Monday, November 15, 2010

New Wells Reporting -- Bakken, North Dakota, USA

I normally post these on my "New Wells Reporting" page, but there are so many today, I thought this would be a great day to show the "newbies" what is going on in the Bakken. This is incredible, not so much because of the IPs, but because the number of wells that came off the confidential list over the weekend:

18573, 448, XTO, Nelson 34X-19, Midway, Bakken
18799, DRL, Oasis, Stowers 5502 43-8H, Squires, Bakken
18722, 582, Anschutz, State -1-36-25H-143-97, Fayette, Bakken
18679, 1,371, CLR, Medicine Hole 2-27H, Jim Creek, Bakken
18788, 620, CLR, Uxbridge 1-9H, Stoneview, Bakken
18829, 116, Cornerstone, Jorgensen 4-4H, Customs, Midale/Nesson Pool (not a Bakken)
18118, 285, EOG, Ross 12-06H, Alger, Bakken
18403, 963, EOG, Burke 26-18H, Stanley, Bakken
18519, 106, EOG, Sidonia 13-08H, Clear Water, Bakken
18535, 689, EOG, Sidonia 8-26H, Clear Water, Bakken
18786, 271, Peak Grasslands, Wisness 21-34H, Pembroke, Bakken
18902, 2 (not a typo),  Sagebrush, Busch 10-5, Portal field, Madison Pool (not a Bakken)
18500, 1,073, Whiting, Marmon 12-18TFH, Sanish, Bakken
18507, 1,946, Whiting, Lahti 24-22H, Sanish, Bakken
18553, 1,776, Whiting, Kannianen 43-31H, Sanish, Bakken
18639, 1,579, Whiting, Iverson 21-14H, Sanish, Bakken
18724, 1,188, Whiting, Foreman 11-4TFH, Sanish, Bakken
18548, 871, Fidelity, Harstad 44-9H, Stanley, Bakken
18385, 349, MRO, Bernhardt 14-7H, Lake Ilo, Bakken
18925, 1,521, Slawson, Phoenix 1-18H, Van Hook, Bakken

Comment: it is clear that Whiting has a "cash cow" in the Sanish which will help it finance its work in the Lewis and Clark prospect in southwestern North Dakota. Note the nice Three Forks wells. Again, most of the numbers in red are "24-hour flowback" results which will decline significantly. The poor results in some cases make one wonder whether they have been fracked, or how the fracking was done. The Clear Water field which has interested me from "day one" has been a relative disappointment.  Wells in the Alger usually "do better." I have no idea what to say about the Sagebrush well in the Portal field, targeting the Madison Pool (Red River formations, etc).

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